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CoinOtag 2024-07-05 18:17:37

Spot Ethereum ETFs May Disappoint Investors, Say Analysts

In the United States, the introduction of spot Ethereum Exchange-Traded Funds (ETFs) may lead to investor disappointment. Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, believes that spot Ethereum (ETH) ETFs will primarily play a secondary role to Bitcoin ETFs. Balchunas remarks, “Bitcoin alone is sufficient in the realm of crypto. They already advance

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